Tag: financial stability of flood insurance

PRESS RELEASE: SmarterSafer.org today asked President Obama to use his upcoming State of the Union address to urge Congress to take meaningful reform of the National Flood Insurance Program (NFIP). The U.S. House of Representatives overwhelmingly passed a bill that makes a number of needed reforms that would put NFIP on sound financial footing, and the U.S. Senate Banking Committee unanimously approved a similar bill in September. “We believe the House and Senate bills can be easily reconciled, with a final bill sent to your desk for signature this year,”…